A group of Congress members, including U.S. Reps. Brad Sherman (D-CA) and Katie Porter (D-CA), are urging the Internal Revenue Service (IRS) to create a free, direct e-file tool for taxpayers. This...
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The Mortgage Bankers Association (MBA) projects total commercial and multifamily mortgage borrowing and lending will decline to $654 billion this year, representing a 20 percent decrease ($816 billion...
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U.S. Reps. John Rose (R-TN) and Brittany Pettersen (D-CO) have introduced legislation requiring the Community Development Financial Institutions (CDFI) Fund Director to testify before House of Represe...
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U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, outlined committee Republicans’ priorities for fiscal year (FY) 2024 appropriations. In a letter to House Approp...
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According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial / Multifamily Mortgage Bankers Originations, commercial and multifamily borrowing declined in the first quarter o...
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Research from three federal agencies maintains Economic Impact Payments (EIP) were quickly and effectively received by underserved communities and Americans most in need. The U.S. Department of the...
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The International Swaps and Derivatives Association (ISDA) published a white paper this week that examines the role of derivatives in energy security. The paper – titled Energy Security and the R...
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A group of banking and financial services organizations have taken issue with a rule proposed by the Securities and Exchange Commission (SEC) that would expand the reach of the custody rule. The pr...
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Findings from a recently published Consumer Financial Protection Bureau (CFPB) report maintain specialty products that include medical credit cards are typically more expensive for patients than other...
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Findings from a National Federation of Independent Business (NFIB) survey offer insight into small business views on the present economy and banking. The survey was executed through mail from April...
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